Miscellaneous Payments definition
Miscellaneous Payments means, with respect to any Timeshare Loan, any amounts received from or on behalf of the related Obligor representing assessments, payments relating to real property taxes, insurance premiums, maintenance fees and charges and condominium association fees and any other payments not owed under the related Obligor Note.
Miscellaneous Payments means, with respect to any Due Period, the sum of (a) Adjustment Payments and Transfer Deposit Amounts deposited in the Collection Account on the related Distribution Date and (b) Unallocated Principal Collections on such Distribution Date available to be treated as Miscellaneous Payments pursuant to Section 4.04.
Miscellaneous Payments means, with respect to the Pledged Timeshare Loans, any amounts received from or on behalf of the related Obligors representing assessments, payments relating to real property taxes, insurance premiums, maintenance fees and charges and association fees and any other payments not owed under the related Obligor Notes.
Examples of Miscellaneous Payments in a sentence
Notwithstanding the foregoing, promptly following receipt by the Administrative Agent of a written notice from the Servicer identifying amounts on deposit in the Collection Account as constituting (a) Processing Fees, non-sufficient funds fees and late fees, or (b) Miscellaneous Payments, the Administrative Agent will issue an Entitlement Order to the Securities Intermediary to release such amounts under clauses (a) and (b) to the Servicer.
More Definitions of Miscellaneous Payments
Miscellaneous Payments means, with respect to any Monthly Period, the sum of Adjustment Payments and Transfer Deposit Amounts deposited in the Collection Account with respect to such Monthly Period.
Miscellaneous Payments is defined in the Sale and Servicing Agreement.
Miscellaneous Payments means, with respect to any Collection Period, the sum of the Adjustment Payments and the Transferor Deposit Amounts to be deposited into the Excess Funding Account on or before the related Distribution Date.
Miscellaneous Payments means, with respect to any Mortgage Loan, any amounts received from or on behalf of the related Mortgagor representing assessments, payments relating to real property taxes, insurance premiums, condominium association fees, Maintenance Fees and any other payments not allocable to Monthly P&I under the Mortgages.
Miscellaneous Payments means, with respect to any Receivable, any amounts received from or on behalf of the related obligor representing assessments and payments relating to real property taxes, insurance premiums, transfer fees, late fees and service charges, annual dues payable to WorldMark and condominium or homeowners' association fees.
Miscellaneous Payments means, for any Settlement Period, the sum of (a) Adjustment Payments and Transfer Deposit Amounts received with respect to such Settlement Period and (b) Unallocated Principal Collections on such Payment Date available to be treated as Miscellaneous Payments.
Miscellaneous Payments means, with respect to any Determination Date, the sum of Adjustment Payments and Transfer Deposit Amounts on deposit in the Collection Account on such Allocation Date.